---
schema_version: "secwatch.filing_event.v1"
accession: "0001559865-22-000042"
form_type: "8-K"
ticker: "EVTC"
cik: "0001559865"
company_name: "EVERTEC, Inc."
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T13:46:06.032512+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# EVERTEC Q3 adjusted EPS $0.40 (-35% YoY); FY22 adjusted EPS guidance cut to $2.36-$2.47

## Summary
- Revenue flat at $145.8M; GAAP net income $137.8M includes $135.6M gain from Popular Transaction.
- Adjusted EBITDA fell 25% to $52.4M; margin down 12 pp to 35.9% due to FX remeasurement and higher costs.
- Adjusted EPS $0.40 vs $0.62 prior year; excluding FX remeasurement would have been $0.53 (-15%).
- FY22 adjusted EPS guidance lowered to $2.36-$2.47 (prior $2.74); effective tax rate raised to 17-18%.
- Repurchased 1.19M shares for $37.3M; $102M remaining under buyback program.

## SEC filing metadata
- accession: 0001559865-22-000042
- form_type: 8-K
- ticker: EVTC
- cik: 0001559865
- company_name: EVERTEC, Inc.
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1559865/000155986522000042/0001559865-22-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1559865/000155986522000042/evtc-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001559865-22-000042
- JSON: https://secwatch.observer/filing/0001559865-22-000042.json
- Plain text: https://secwatch.observer/filing/0001559865-22-000042.txt

## Key facts
- Earnings Releases
  EVERTEC, Inc. reported the third quarter ended September 30, 2022 results: revenue $145.8 million, net income $137.8 million, EPS $2.06 per diluted share.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $145.8 million
  - Net income: $137.8 million
  - EPS: $2.06 per diluted share
  - Result: preliminary results
  source text: Revenue remained relatively flat at $145.8 million • GAAP Net Income attributable to common shareholders was $137.8 million or $2.06 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1559865/000155986522000042/0001559865-22-000042-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.